Labour leadership race back on as former shadow business secretary Angela Eagle announces bid July 9, 2016 Angela Eagle will announce her bid to become the Labour party's next leader on Monday after peace talks between warring factions collapsed. Ms Eagle said she would "explain my vision for the country and the difference a strong Labour Party can make" on Monday, the BBC reported. Read more: Labour's Owen Smith delays decision on leadership [...]
Labour leadership crisis worsens as peace talks collapse July 9, 2016 Labour party turmoil deepened today after deputy leader Tom Watson called off talks aimed at striking a compromise deal between Jeremy Corbyn and party rebels. The move will likely pave the way for former shadow business secretary Angela Eagle and Pontypridd MP Owen Smith to launch leadership bids. Read more: Labour's Owen Smith delays decision on leadership challenge Corbyn has [...]
Andrea Leadsom under fire over “misquoted” motherhood comments July 9, 2016 Tory leadership hopeful Andrea Leadsom faced a barage of criticism after reportedly suggesting that motherhood meant she would make a better prime minister than rival candidate Theresa May. The Times newspaper published a front-page story headlined "being a mother gives me edge on May – Leadsom" based on an interview with the back-runner candidate. The energy minister has three children, [...]
Moody’s warns political contagion from Brexit vote could threaten EU’s existence July 8, 2016 Moody's issued a stark warning that political spillovers from the Brexit vote could one day threaten the bloc's very existence and hit global economic growth. It came as the credit ratings agency downgraded the Eurozone's growth forecasts to 1.5 per cent from 1.7 per cent this year, and to 1.3 per cent from 1.6 per cent in [...]
Chuka Umunna says “never say never” to standing for Labour leadership as Jeremy Corbyn fights on July 8, 2016 Former shadow business secretary Chuka Umunna has said that he would "never say never" to leading the Labour party, while urging the party unite. The Streatham MP was speaking amid ongoing turmoil within the Labour party after leader Jeremy Corbyn lost the confidence of most of the Parliamentary Labour Party with speculation he would not be able to [...]
European Council President Donald Tusk says more countries will not leave the EU after Brexit vote July 8, 2016 Concerns of anti-EU contagion spreading to countries in the wake of the Brexit vote are overstated, European Council President Donald Tusk has said. Speaking alongside President Barack Obama and EU Commission President Jean-Claude Juncker, Tusk said that there are "geopolitical consequences" of Brexit which could be serious, but a domino effect stemming from the UK is [...]
David Cameron nominates Sir Julian King as the UK’s EU commissioner July 8, 2016 Prime Minister David Cameron has put forward Sir Julian King as the UK's nominee for its EU Commissioner, Downing Street has announced King, currently the UK's ambassador to France, has been put forward for the role left vacant after Lord Jonathan Hill resigned in the wake of the Brexit vote. The UK still remains a [...]
The loss of trust and fear that we’ll lose openness are challenges business must – and can – solve July 8, 2016 The UK’s vote to leave the European Union demands strong leadership in a way few other events in our recent history have required. Since the result of the referendum, much of the language and rhetoric has verged on the sensationalist, provoking a sense of unease at a time when the country needs composure and reassurance. In [...]
Government lays out plan to avoid power supply crunch over winter July 8, 2016 The government has detailed how it will keep the lights over winter as Britain faces an increasingly tight power supply. The government said today that it will seek will seek 53.8 gigawatts (GW) of electricity in a capacity auction for 2017/18. The scheme was bought forward by a year due to a wave of coal-fired plant closures. Read [...]
Labour may be in danger of splitting, says potential leadership contender Owen Smith July 8, 2016 A series of high profile Labour politicians have now raised the prospect of a permanent split in the party, with Owen Smith the latest to add his name to the list. Pontypridd MP Owen Smith said that the party is in danger of "splitting apart", adding that unity is needed. "Over the last week, I have [...]